TV Today Network Receives Credit Rating Revision from CRISIL
TV Today Network Limited announced a credit rating revision by CRISIL on April 10, 2026, maintaining the long-term rating at AA-/Negative with outlook negative while reaffirming the short-term rating at A1+. The revision is based on the company's operational performance and was disclosed in compliance with SEBI regulations to both BSE and NSE.

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TV Today Network Limited has informed stock exchanges about a revision in its credit rating by CRISIL, with the rating agency maintaining its assessment based on the company's operational performance. The announcement was made on April 10, 2026, in compliance with SEBI listing regulations.
Credit Rating Details
CRISIL has updated its credit rating assessment for TV Today Network's bank facilities, with specific changes to the rating structure:
| Rating Type: | Existing Rating | Revised Rating |
|---|---|---|
| Long Term Rating: | CRISIL AA-/Negative | CRISIL AA-/Negative (Outlook Negative) |
| Short Term Rating: | CRISIL A1+ | CRISIL A1+ (Reaffirmed) |
The rating revision reflects CRISIL's assessment of the company's operational performance, with the long-term rating maintaining the AA- grade but with a negative outlook, while the short-term rating received reaffirmation at the A1+ level.
Regulatory Compliance
The company disclosed this information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was addressed to both the Corporate Relations Department of BSE Limited and the Listing Department of National Stock Exchange of India Limited.
TV Today Network trades on BSE with scrip code 532515 and on NSE with the symbol TVTODAY. The disclosure was signed by Ashish Sabharwal, Group Head – Secretarial & Company Secretary, ensuring proper corporate governance protocols were followed.
Company Portfolio
TV Today Network operates as part of the India Today Group, managing a diverse portfolio of media properties. The company's brands include:
- Television Channels: Aaj Tak, Aaj Tak HD, India Today, and various regional channels
- Digital Platforms: The Lallantop and other online properties
- Radio: ISHQ 104.8 FM
- Specialized Content: TLC and other niche channels
The rating revision comes as the media industry continues to navigate evolving market dynamics and operational challenges, with credit rating agencies closely monitoring the financial health and operational performance of media companies.
Historical Stock Returns for TV Today Network
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.93% | +8.44% | -1.08% | -25.31% | -31.37% | -62.18% |
What specific operational challenges might TV Today Network face that could trigger a downgrade from the current negative outlook?
How will the negative outlook impact TV Today Network's ability to secure future financing for expansion or digital transformation initiatives?
Could the rating revision signal broader financial stress across India's media industry, particularly for traditional television broadcasters?


































